Rigetti Computing Inc Dossier
Qualitative Analysis
Business overview
Rigetti Computing, Inc. is a pioneer in full-stack quantum-classical computing. The company designs and builds quantum computers based on superconducting integrated circuits, which are manufactured in-house at Fab-1, the industry's first dedicated and integrated quantum device manufacturing facility. Rigetti sells access to its quantum computers through its Quantum Cloud Services (QCS) platform, integrated with major public and private clouds (including Amazon Braket, Microsoft Azure Quantum, and qBraid), and also offers direct on-premises hardware sales of its Novera Quantum Processing Units (QPUs).
Research as of 19 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Rigetti committed up to $100 million to expand its operations in the United Kingdom, marking its first major capital investment outside the United States. The primary objective is to deploy a UK-based quantum computing system exceeding 1,000 qubits within the next three to four years, aligning with the UK's £2 billion national quantum strategy.
Expected impact: Establishes a sovereign, large-scale quantum infrastructure in the UK, supporting long-term collaboration across government, academic, and industry partners while targeting a 'TeraQuOp' (one trillion quantum operations) by 2035.
Development and optimization of Rigetti's proprietary chiplet-based modular architecture, which tiles multiple smaller 9-qubit chips together to achieve higher qubit counts without sacrificing coherence or gate speeds.
Expected impact: Enables the scaling of systems from the 36-qubit Cepheus-1-36Q and 108-qubit Cepheus-1-108Q up to 1,000+ qubit systems, providing a clear pathway to fault-tolerant quantum computing.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
Accelerates the development and commercialization of superconducting quantum computing by combining Rigetti's quantum hardware expertise with Quanta's global leadership in computer server manufacturing.
Terms: Both companies committed to investing more than $100 million each over five years. Quanta also made a $35 million equity investment to purchase shares of Rigetti common stock.
Integrates Rigetti's 108-qubit quantum computer into India's national supercomputing infrastructure at Bengaluru, supporting India's Hybrid HPC-Quantum Mission.
Terms: $8.4 million purchase order received by Rigetti's subsidiary, Rigetti Computing India P L, in January 2026.
Aims to advance superconducting quantum networking by developing heterogeneous quantum interconnects that convert microwave signals from superconducting qubits into optical photons.
Terms: Three-year, $5.8 million contract awarded to Rigetti by AFRL in September 2025, collaborating with Dutch startup QphoX.